A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
Tag: Indian Oil Corporation
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India eyes offshore wind power to become carbon-neutral by 2070
India raises NDC goal of non-fossil fuel capacity of 500 MW by 2030
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Indian petroleum goods to pass through Bangladesh
Indian Oil Corporation and the Roads and Highways Department of Bangladesh have signed a Memorandum of Understanding in Dhaka. The MoU enables IOC to send its trucks carrying motor spirit, high speed diesel, superior kerosene oil and liquefied petroleum gas from Meghalaya to Tripura via the territory of Bangladesh.
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India to stare at oil deficit in 15 years
India, a net exporter of oil products, may not have any surplus capacity in 15 years going by the current rate of consumption and planned expansion, said the chief of refineries at Indian Oil Corporation, the country´s largest refiner. India has a capacity to refine 230 million tonne (MT) a year.
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Panel to review Odisha-IOC pact
The Odisha Government said a committee has been set up under the Chairmanship of the Secretary of Petroleum and Natural Gas Ministry to review its agreement with Indian Oil Corporation.
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Paradip plant to be major petrochem feedstock supplier: IOC
The upcoming refinery of state-run Indian Oil Corporation (IOC) at Paradip would be a major producer of feedstock for the downstream petrochemicals industry, a top official of the company said.
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IOC sells rare Kandla cargo
Indian Oil Corporation has sold 18,000-20,000 tonnes of naphtha for Oct 29 to Nov 3 loading from Kandla after cancelling a previous tender for the same cargo due to low bids, traders said.
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Sri Lanka oil hub talks gather momentum
India plans to set up its first overseas petroleum hub, along with a refinery and power plant, in Sri Lanka. The move could spur Indian investment in the island nation. A delegation of oil and power ministry officials and representatives of Indian Oil Corporation
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Kochi Port betting on upcoming projects
The ailing Cochin Port Trust is pinning big hopes on upcoming projects to increase cargo throughput as well as revenue. Allaying fears of a bleak future, the Port Trust Chairman, Paul Antony, said that ´the temporary difficulties will be over in the next two years´.
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Reliance beats IOC in race to supply diesel to Railways
Public sector oil retailer Indian Oil Corporation has lost to Reliance Industries Ltd the contract for supplying diesel to the Indian Railways.